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Compensation & Benefits

Salary survey projects 4% pay raises in 2024

Salary budgets are expected to remain high in 2024 as employers become accustomed to ongoing labor market challenges, according to consulting firm Willis Towers Watson.

New York City upends gig economy with minimum wage

Gig workers regularly find themselves taking home hourly earnings far less than they would as minimum-wage, overtime-eligible employees. Now one government agency believes it has found a way around the problem.

Summer’s here and so are new employment laws

Summertime is often when new employment laws take effect, and this summer is no exception.

What striking down student-loan forgiveness might mean for employers

On June 30, the U.S. Supreme Court declared that the Biden administration’s plan to forgive up to $20,000 in student-loan debt for millions of Americans was not legally permissible. The decision in Biden v. Nebraska has implications for employers as well as former college students.

Offer pay to play: Vacation stipends encourage staff to take time off to recharge

This summer is shaping up to be the season of post-COVID vacations. Employers are actively encouraging employees to take long-delayed vacations. Some are even adding financial incentives in the form of vacation stipends. They are literally paying employees extra to go on vacation.

5 tips to improve open enrollment this fall

While everyone else is on vacation this summer, HR pros are busy planning for the upcoming open-enrollment season. Follow these tips to make the process run more smoothly for you and more effectively for your employees.

They didn’t seriously argue that, did they? Religion in the kitchen stirs the DOL to action

Religion in the workplace is a touchy matter. What if your boss brought in a priest and encouraged everyone to confess their sins? What if you weren’t Catholic? It’s not a hypothetical question. An employee of a California restaurant testified that his employer brought in a person identified as a priest to hear their confessions during work hours.

Child care costs working parents 27% of household income

On average, working families spend 27% of their household income on child care, according to Care.com’s 10th annual Cost of Care report. For 59% of parents, the annual cost of child care will top $18,000.

Employers rate health insurance their most important benefit

Employers consider health-related benefits the most important perks they offer, according to the Society for Human Resource Management’s 2023 Employee Benefits Survey.

Labor market forces driving change in compensation practices

Employers are shaking up their compensation systems in response to labor-market pressures, according to a new survey by the WorldatWork total rewards association.